Hacker News Reader

in order to actually make money, you'd still need a third step of "sell" (or you could spend the BTC directly, i guess)

As a bitcoiner myself, I like to think of dollars and BTC as just two currencies. Buying BTC is equivalent to selling dollars. If you think that BTC is the better money, it makes sense to move into it and stay there perpetually.

Reply on news.ycombinator.com